5 Richard CtButlerNJ07405
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Butler at 5 Richard Ct, Butler, NJ, 07405 offers $2,820/mo rent that, after a $3,451/mo payment. Total monthly income is $2,820/mo. Return on cash invested measures 8.65% in year one, and rental yield stands at 4.8% at a $705,000 entry. Equity gained on principal adds $4,549/yr while 5% annual appreciation compounds into $194,779 by year five. Five-year ROI records 43.68% and total cumulative return in cash reaches $101,317. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,820/mo property income versus a $3,451/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07405, Butler, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,017 (100%) |
| Owner Occupied HU | 5,399 (76.9%) |
| Renter Occupied HU | 1,364 (19.4%) |
| Vacant Housing Units | 254 ( 3.6%) |
| Median Home Value | $611,884 |
| Average Home Value | $677,545 |
Housing Distribution
Address Breakdown
Residential
6,892
Single Family
6,786
Multi-Family
106
Businesses
617
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Listed by: Lynn Schiffman • Terrie O'connor Realtors
Mls Name: GSMLS
Mls ID: #3981478